The company will make EV cars from 2025- According to Jaguar Land Rover, the company will start manufacturing electric vehicles by 2025. At the same time, according to Jaguar, the company will launch its first electric car in 2024.
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Jaguar will invest so much for EV- Jaguar has announced a ‘Reimagine’ plan for the development of electric cars. Under this plan, the company will invest around 2.9 billion euros every year. So that the company can launch a full range of electric vehicles by 2039.
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Layoffs will have an impact on these employees- According to Jaguar, the company has started giving information about layoffs to salaried employees. At the same time, it has been clear from Jaguar Land Rover that, employees who work by the hour. They will not be affected by this retrenchment.
Tata bought Jaguar in 2008 Tata Motors bought Jaguar Land Rover in 2008 for £ 1.7 billion. The deal also included three other British brands, Daimler owned by Jaguar as well as two dominating brands Lanchester and Rover.